Sersonal/hayess_students an edu/_layouts/15/docapisourced to Search (Alt + ) Review View Help Editing U DA AO " BE LO 11.4There are two projects under consideration by the Rainbow factory. Each of the projects will require an initial investment of $35,000 and is expected to generate the following cash flows: Year 1 Year 2 Year 3 Total Alpha Project $32,000 $22,500 $5,000 $59,500 Beta Project 7,500 23,500 28,000 59,000 If the discount rate is 12%, compute the NPV of each project